Most people and businesses voluntarily comply with their tax and social policy obligations and meet the requirements for registering, filing, reporting, claiming and paying.
However, Inland Revenue Department (IRD) recognises that they may need some help from time to time, and a key role for us is to make compliance easy.
Therefore, we offer a range of services and practical support to our customers to help them get it right.
If you are starting out in business or looking for a refresher to get up to speed on managing your tax affairs, then IRD’s new animated ‘Introduction to Business’ videos may be just what you need.
The videos explain the basics of tax management in plain language and cover topics like depreciation, expenses, registering for GST, and income and provisional taxes. Each clip links to more detailed information on our website.
They are all under ten minutes, designed to get you and your business up to speed quickly and effectively.
You can find the videos at www.ird.govt.nz (keywords: business videos).
Why not check them out now as we are sure you will find the answers to many of your tax questions?
Abdul Rafik is Inland Revenue’s Community Compliance Officer based in Auckland.
